COMMNR.,CENTRAL EXCISE & CUSTOMS, KERALA vs. M/S. LARSEN & TOUBRO LTD
Appeals are disposed of
C.A. No.-006770-006770 - 2004Supreme Court20 Aug 2015
Capital gains”. Section 45 is a charging
section. For the purpose of imposing the charge.
Parliament has enacted detailed provisions in order
to compute the profits or gains under that head. No
existing principle or provision at variance with them
can be applied for determining the chargeable
profits and gains. All transactions encompassed by
Section 45 must fall under
